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Nippon Yusen Kabushiki Kaisha (NYK) and Mitsubishi Corp have both bought minority stakes in SBM Offshore's FPSO Turritella.

The Joint Comprehensive Plan of Action (JCPoA) signed on Tuesday could lead to the lifting of sanctions against Iran, but for now the restrictions remain in place.

Gener8 maritime has topped the list of biggest spenders on secondhand tonnage in the first half of 2015, according to data from VesselsValue.com.

Geared dry bulk carrier operator Pioneer Marine has appointed V.Ships India as technical manager for its 1m dwt fleet.

Khalifa Ali Al-Hetmi is to step down as ceo of Qatar's maritime and logistics group Milaha in September.

Maersk Line's 18,000 teu Marchen Maersk was named at a ceremony at the Port of Felixstowe yesterday.

The Royal Bank of Scotland (RBS), is looking to scale down its Greek operations and sell its $5bn Greek shipping portfolio, according to a Reuters report.

Head of Odfjell Tankers, Morten Nystad has become latest member of senior management to "step down" from his position at Odfjell, effective today.

The UK Chamber of Shipping has taken a closer look at what constitutes 'human error', the cause of 80% of marine accidents.

PD Ports has acquired all share capital of Groveport 2012, an inland port complex on the UK's River Trent.

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